Ancora Holdings Group is pushing for a new CEO at Norfolk Southern – but not because it wants the railroad to spend more on safety initiatives.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
Inflation is overshadowing U.S. economic resilience, hurting Biden
Most economists say the underlying momentum of the U.S. economy remains strong. But growth and jobs – which have been surprisingly sturdy – have generated little tangible benefit to Biden’s hopes for reelection.
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Posted inBusiness, Maine, News
Maine made progress in wages and productivity, but still faces shrinking labor force
A report released Friday by the Maine Department of Economic and Community Development says the state has hit some of its 2030 targets but has fallen short of ‘where we need to be.’
Posted inBusiness, Maine, News
Amtrak planners identify 3 possible sites for new train station in Portland
Moving the station from its current location at Thompson’s Point would reduce travel time and improve efficiency of the Downeaster service between Boston and Brunswick.
Posted inBusiness, Health, Maine, News
Bill on transparency about hospital facility fees takes effect without Gov. Mills’ signature
The law, a watered-down version of the original legislation, requires health care facilities to post signs to let patients know that facility fees are being charged.
Posted inBusiness, Health, Maine, News
Maine’s high court upholds COVID vaccine mandate for EMS personnel
A group of emergency medical personnel challenged the 2021 vaccine mandate, but the Maine Supreme Judicial Court says a state board had full authority to impose the rule.
Posted inBusiness, Health, Nation & World
Strict new EPA rules would force coal-fired power plants to capture emissions or shut down
Environmental Protection Agency Administrator Michael Regan says the new rules are targeting pollution that’s ‘pushing our planet to the brink.’
Posted inBusiness
As Biden celebrates computer chip factories, voters wait for the promised production to start
The president is visiting the Syracuse, New York, site where Micron Technology plans some factories.
Posted inBusiness
New York City to require warning labels for sugary foods and drinks in chain restaurants
The rule is scheduled to go into effect June 19 for prepackaged food items and Dec. 1 for other items.
Posted inBusiness, Nation & World
The National Enquirer was the go-to American tabloid for many years. Trump helped change that
For all the ridicule the tabloid received from “serious” journalists, Enquirer reporters hustled and broke some genuine news.